Kiva visits families with microloans to have access to ‘Luz en Casa Oaxaca’

Oaxaca (Mexico).- The Kiva’s portfolio manager for Mexico, Central America and the Caribbean visits a village benefited from the ‘Luz en Casa Oaxaca’ programme and the funding of Kiva.

On March 16th Juan Barbed BSc, Kiva’s portfolio manager for Mexico Central America and the Caribbean, in coordination with the ACCIONA Microenergia Mexico’s staff, visited families in the village of El Gavilan, in the Municipality of Santa Maria Tonameca. They got access to the ‘Luz en Casa Oaxaca’ programme’s third generation solar home systems (3GSHS) with the support of Kiva’s funding.

Kiva is a US non-profit organization that, through agreements with other organizations such as ACCIONA Microenergia Mexico, funds loans at the base of the pyramid with the money that collects among its community of lenders (caring people who lend their money to others). The agreement of ACCIONA Microenergia Mexico with Kiva to obtain funding for its users, through crowdfunding, represents the union of the private initiative and the civil society (organizations and individuals). These get the economic resources that are necessary to finance the access to a programme like ‘Luz en Casa Oaxaca’, and thus favour the development of very backward communities.

During this visit, the benefited families said that today they have improved their living conditions due to the photovoltaic energy, and that due to the Kiva’s funding they could have access to their equipment.

ACCIONA Microenergia and the Sustainable Development Goals

The Sustainable Development Goals (SDG) are included in the 2030 Agenda, a 15-year plan of action that favours the people, the planet and the prosperity. There are 17 SDG which are integrated and indivisible and that comprise the three dimensions of the Development: economic, social and environmental.

The rural electrification programmes of the ACCIONA Microenergia foundation impact on those three dimensions, and directly on the SDG 7, Ensure access to affordable, reliable, sustainable and modern energy for all.

It is a non-profit association that was created by the ACCIONA Microenergia foundation to facilitate access to electricity to isolated rural communities, which are not included in the national grid extension of Mexico. ACCIONA Microenergia Mexico deploys the 'Luz en Casa Oaxaca' programme under a public-private partnership with the Government of the State of Oaxaca and the Spanish Agency for International Development Cooperation.